Macedonia seeks to influence expectations

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The National Bank of the Republic of Macedonia will investigate how better communication can shape the expectations of economic agents in a new research programme unveiled today (August 22).

The programme, which will run from 2013 to 2015, will focus on improving the monetary transmission process. The central bank says expectations are an important part of this, and identifies the roles communication and transparency can play in influencing them. Improving the way it exchanges information, the

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